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2 mins read

OpenAI's mission to develop AI that 'benefits all of humanity' is at risk as investors flood the company with cash

OpenAI CEO Sam Altman is in danger of straying from his company's original mission as he works to a…

Kenneth Niemeyer   


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3 mins read

Japanese shoppers are entering their spending era. Not all luxury brands stand to benefit.

Luxury brands that align with Japanese values of quality, craftsmanship, and simplicity stand to wi…

Maria Noyen   


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6 mins read

The basic income myth: cash discourages work

Guaranteed basic income critics often argue cash discourages work. Experts and participants say tha…

Allie Kelly   


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3 mins read

Cash is no longer king. Here are 3 alternatives investors are trading it for, according to chief money managers.

Three alternatives resembling cash are emerging as investors face diminishing returns from interest…

Laila Maidan   


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3 mins read

Texas lawsuits keep challenging guaranteed basic income programs, calling no-strings-attached cash 'unconstitutional'

Texas Attorney General Ken Paxton filed a lawsuit to block a Houston-area guaranteed basic income p…

Allie Kelly   


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6 mins read

Meet the boomers cashing in on the golden age of retirement

For a certain cohort of retirees, retirement has meant financial stability and peace of mind.

Juliana Kaplan   


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7 mins read

Forget free cash, there's an even more American way to help people get ahead

Basic income programs continue to ripple across the US. But some experts say there's a policy that'…

Ayelet Sheffey   


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4 mins read

Decoding capital gains taxes: What FM Nirmala took from your pocket, what she gave you in Budget 2024

All listed securities will be considered long-term capital assets (and hence, LTCG will be levied) …

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5 mins read

75 artists received $9,000 each in a basic income trial. The cash helped a yarn guru to buy a house and a new car.

Fiber artist Tori Hanna used the $500 a month to replace her damaged car, cover debts and bills, an…

Theron Mohamed   


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2 mins read

Trump and Republicans raked in record cash after he became a convicted felon

Senate Republicans' campaign arm also reported a record fundraising day.

Brent D. Griffiths   


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3 mins read

YouTube star MrBeast doubles down on cash giveaways with $200,000 donation to a universal basic income program

MrBeast, known for handing cash to strangers, used his Beast Philanthropy organization to support a…

Theron Mohamed   


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3 mins read

A boomer living on $2,400 a month is waiting 8 years to collect maximum Social Security benefits, even though she's struggling to get by

Diane Williams, 62, struggles to afford basic necessities with her $2,400 monthly paycheck. But she…

Allie Kelly   


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2 mins read

McDonald's says cash-strapped diners are choosing to eat at home more often

It's "certainly likely" that fewer people will dine out at informal restaurants this year amid risi…

Grace Dean   


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2 mins read

Benefiting from strong sales, gold jewellers set for 17-19% revenue growth in 2024-25: Crisil

Benefiting from strong sales, organised gold jewellery retailers are set to clock 17-19 per cent re…

ANI   


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4 mins read

Arizona is a cautionary tale for school vouchers as a wave of states are giving parents cash to send their kids to private school

A new Brookings report found Arizona's universal education savings accounts are primarily going to …

Ayelet Sheffey   


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17 mins read

Inside the company that has discovered the ultimate cash cow: teenage athletes

Michael Schwimer calls his company "Shark Tank for athletes." Critics call it indentured servitude.

Joseph Bien-Kahn   


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7 mins read

Over 100 basic-income pilots have run in US cities. Now states are getting creative to fund no-strings-attached cash payments.

The success of over 100 local GBI pilots in the US provides insight into future state-level policy.

Allie Kelly   


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4 mins read

Some people are being given thousands of dollars with no strings attached in universal basic income trials. They mostly spend the cash wisely.

A common question about universal basic income, or UBI, is how people spend the money, but early tr…

Theron Mohamed   


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3 mins read

Crafting your golden years: retirement planning with mutual funds

Retirement is a significant life milestone that requires careful financial planning. As the golden …

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2 mins read

Kellogg's faces a backlash after encouraging cash-strapped shoppers to eat cereal for dinner: 'What the hell kind of dystopian hellscape is this?'

Social-media users say cereal is no longer cheap anyway, and likened Pilnick's remarks to the infam…

Grace Dean